Category Archives: Uncategorized
When Creditors Try to Deceive You – Contact a Lawyer
When you fall behind on paying your bills, you can anticipate receiving letters or calls from your creditors to collect on the debt. Thanks to state and federal laws, creditors and debt collectors must follow certain rules on how to behave when collecting debts. What’s the difference between the Fair Business Practices Act and the […]
What if I Own Joint Debt with Someone Who Files for Bankruptcy?
Bankruptcy can be filed by one spouse without the other. If your spouse files for bankruptcy, it does not automatically bring you into bankruptcy. Similarly, the bankruptcy of a spouse doesn’t give you the protection of automatic stay or bankruptcy debt discharge. Following are some more ways bankruptcy and marriage are related: Joint debt. With […]
Important Bankruptcy Terms
If you’re thinking about filing for bankruptcy, you might sometimes think your attorneys or trustees are speaking a different language. Familiarize yourself with some of the more common bankruptcy terms. Remember – knowledge is power! Arrears: When you’re behind on making payments. If your monthly mortgage payment is $1,000 and you’re three months behind, you’re […]
